Neddy is 51 years old, married, and has seven children, two of whom attend school. She has been practicing mixed farming for 16 years. Her farm produces milk, maize, beans, and vegetables for the local market. She also sells second-hand clothes for additional income.
Neddy is requesting for a loan of 50,000 KES from Juhudi Kilimo, which she will use to purchase poultry birds and expand her farming into the poultry business. The venture into poultry will diversify her business and provide additional income to meet the daily needs for her family. She notes that poultry diseases are common but it remains a challenge that must be faced owing to the gains expected. She advocates for the expansion of Juhudi Kilimo loan services.
To facilitate a partnership between Kiva and Juhudi Kilimo, K-Rep Group (Juhudi Kilimo’s 100% owner) has guaranteed Kiva funds in the event of institutional default. Lenders should be aware that the risk of borrower default remains borne by the lender.
About Juhudi Kilimo:
Juhudi Kilimo is a for-profit social enterprise working with small-holder farmers in Kenya to finance purchases of dairy cows, chickens, agricultural equipment, and other assets that create immediate cash flow. Many of the assets are insured to prevent devastating business losses, and targeted technical assistance is provided to farmers, from agricultural training to basic book keeping and local market research.